5393 La-311, Houma, LA 70360

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Hank B.

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Building Details:

5393 La-311 is an industrial property for lease in Houma, LA.

Light industrial leasing opportunity located in the heart of Houma and just a few miles from U.S. Highway 90 (Future I-49). The property consists of three buildings with interior passage between all structures.

Building 1 - Light Industrial Office/Shop with ~2,000 SF of office space and 3,100 SF of warehouse/shop. Downstairs has 5 offices, conference room, reception/waiting room, copy room, break room, and 2 bathrooms (one of which is handicapped accessible). There are 2 offices and a storage closet upstairs accessible in the shop. The shop has a 2-ton crane on 30' wide rails, shop office, and 2 side, sliding entrance doors.

Building 2 - 1,600 SF shop with additional break room. This area has a front and back sliding door with a 3-ton bridge crane on 30' rails.

Building 3 - 1,600 SF shop with full bathroom. This area also has front and rear sliding doors with a 3-ton bridge crane on 30' rails. Also has wash area and subsurface drainage.

The tract is 1.3066 acres with approximately 410' of frontage on LA Highway 311 and 392' of frontage along Little Bayou Black (non-navigable). The traffic count at this location is measured at 17,400 cars per day.

The yard area is concrete and limestone with chain-link fence and gates. The northwest side of the yard is being leased on a month-to-month basis. The buildings are currently vacant. Any furniture could remain, if needed.

The lease rate is $5,000 per month with an additional $475 monthly for taxes and insurance. Tenant is responsible for all utilities.

The Houma-Thibodaux MSA consistently has one of the lowest unemployment rates in Louisiana and has an 8 Parish retail draw of almost 450,000 people. It was recently ranked #6 of all nationwide mid-sized MSA’s by Area Development Magazine (May 2013) and was #24 overall out of 380 MSA’s in the U.S. This follows a January 2013 article in Forbes magazine naming Louisiana “America’s New Frontier for Business Opportunity”. In 2014, Houma was ranked as the 2nd Happiest Place to live in the U.S. and Louisiana was ranked #1 in Business Climate by Business Facilities Magazine. That same year, the U.S. Chamber of Commerce named LA the #1 export state, the #1 state in export growth, and the #2 state for income growth per capita. Most recently in 2015, Site Selection Magazine ranked LA #4 in Business Climate, its 6th straight Top 10 ranking. The magazine also awarded LA their Silver Shovel award in 2015 for the 6th consecutive year while ranking our economic development efforts #2 in the nation. Chief Executive magazine placed LA #7 in its "Best States for Business" in 2015.

For additional information, please contact the listing agent, Hank Babin at 985-804-9991.

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